AUTOMATIC PILL DISPENSER MACHINE MARKET ANALYSIS

Regional Analysis

Automatic Pill Dispenser Machine Market: Regional Insights

Regional segmentation of automatic pill dispenser machine market by Coherent Market Insights, includes North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America automatic pill dispenser machine market is anticipated to account for the dominant position, due to rising geriatric population in the region. According to U.S. Department of Health and Human Services, the population aged over 85 years is projected to triple from 6.3 million in 2015 to 14.6 million in 2040. Moreover, according to a report by National Public Ratio (NPR), 119 million people in the U.S. took prescription drugs in 2017 for various disorders. These factors are expected to aid in growth of the market in the region.

Asia Pacific automatic pill dispenser machine market is expected to be the fastest growing, owing to increasing patient pool coupled with rising prevalence of chronic and infectious diseases. As per WHO data 2013, approximately 12% of adults had diabetes, and 50% had a pre-diabetes condition in China. Future developments would include more safety features to avoid the chance of an inaccurate amount of pills being dispensed, and increasing the amount of dispensing units that could be attached to the machine.